Seagate Tech Hldgs STX reported its Q1 earnings results on Wednesday, October 26, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Seagate Tech Hldgs missed estimated earnings by 36.84%, reporting an EPS of $0.48 versus an estimate of $0.76.
Revenue was down $1.08 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.33 which was followed by a 8.11% drop in the share price the next day.
Here's a look at Seagate Tech Hldgs's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 1.92 | 1.89 | 2.36 | 2.21 |
EPS Actual | 1.59 | 1.81 | 2.41 | 2.35 |
Revenue Estimate | 2.78B | 2.81B | 3.11B | 3.10B |
Revenue Actual | 2.63B | 2.80B | 3.12B | 3.12B |
To track all earnings releases for Seagate Tech Hldgs visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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